PlayStation Boss Jim Ryan Is Retiring After Almost 30 Years at Sony l6f4d Technology News

Jim Ryan served as Sony Interactive Entertainment’s CEO for four years, having replaced John Kodera in 2019. 6u201q

Written by Rahul Chettiyar, Edited by Manas Mitul | Updated: 28 September 2023 17:16 IST

PlayStation Boss Jim Ryan Is Retiring After Almost 30 Years at Sony

Photo Credit: PlayStation 656mm

PlayStation CEO Jim Ryan

Highlights

Jim Ryan is retiring from Sony Interactive Entertainment in March 2024
Sony Group Corporation COO Hiroki Totoki will take over as interim CEO
Jim Ryan oversaw the PS5 and PS VR2 launch, alongside blockbuster games

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Sony confirmed that he will be retiring in March 2024, with COO Hiroki Totoki being appointed as the interim CEO of the company from April 1, 2024. Ryan merely served four years as CEO, having replaced John Kodera in 2019, and most notably oversaw the launch of the PS5, which has sold over 40 million units worldwide, as of July. It's unclear who will eventually be taking over as the new CEO, but for the time being, Totoki will assume the role of SIE chairman in October.

“As you will have seen today in the news, I have announced my retirement after nearly 30 years at Sony Interactive Entertainment,” Ryan said in a Activision Blizzard deal. As it turns out, he's simply retiring and is thankful for what the company has achieved across generations.

Jim Ryan thanks the PlayStation community as he announces his plans to retire from Sony Interactive Entertainment in March 2024: https://t.co/FFarEpedBh
— PlayStation (@PlayStation) September 27, 2023

Meanwhile, Totoki will ‘work closely' with Sony Group Corporation Chairman and CEO Kenichiro Yoshida to navigate the future of 12-month plans of PS Plus service.

That said, some important acquisitions were made under his leadership as well, ranging from in the headlines for trying to prevent Microsoft's $69 billion (about Rs. 5,74,142 crore) buyout of Activision Blizzard.

There seems to have been no bad blood between the two companies, however, as Xbox chief Phil Spencer conveyed his best wishes to Ryan on Thursday in a post on X. “Jim Ryan has been a great contributor to our industry and a fierce leader for PlayStation. I wish him the best in what he does next. Thank you for all you've done for the community over the last 30 years, Jim,” Spencer said.

Soon-to-be interim CEO Totoki also lauded Ryan's career at Sony, praising the PS5 launch in particular. “I would like to express my heartfelt gratitude to Jim Ryan for his outstanding achievements and contributions over his 30-year career at Sony, including the great success of launching the PlayStation 5,” Totoki said in a statement. “I will work with Jim and the senior management team closely to ensure our continued success and further growth.”

What are the most exciting titles that gamers can look forward to in 2023? We discuss some of our favourites on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

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